Business Requirements Document

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1. Introduction Data repository is a general term that is used simply to refer to the data storage points within an organization or system. This project seeks to put in place a more efficient and bugger repository to improve the performance of the existing information systems. This repository is aimed at making the organization grow relatively to greater heights in the next few years, probably by twenty percent annually. It is expected that the repository will put in place the current missing aspects of data properties that need to be included as important resources of the organization. The project seeks to take the minimum time possible, and to utilize the resources to the least standards to minimize on costs, and maximize on the net present value.
1. Project Evaluation This project will be evaluated using the financial aspects of the net present value. Using a discount rate of 20%, we expect that the discounted future values will be able to meet the user requirements. This evaluation will be done based on the forecasted future possible returns from the project activities, on a period of less than five years. The net present value method has been selected since it takes into account the time value of money. The needs resources required from the company to undertake the project will be deducted from the forecasted annual returns or yields expected from this project. This would give the annual profits (π) in a certain year (n) which would be discounted at the stated rate as shown using the formula below. Present Value (PV) = π (1+0.02)-n. The cumulative net present values would then be obtained from summation of all the Present Values (PV) in the course of the project’s operation. If this gives a positive value, then the projects will be pursued. The